For saleSingle family
$575,000
705 Wheelock Pkwy W
Saint Paul MN 55117
4 beds, 3 baths, 2,108 sqft
705 Wheelock Pkwy W is a 4 beds, 3 baths, 2,108 sqft single family home for sale at $575,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $2,450/mo and returns -$1,655/mo a month at a 3.2% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,450/mo
- Monthly cash flow
- -$1,655/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.3%
- Max offer
- $291,000
Offer ≤ $291,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading